Sydney Gay & Lesbian Mardi Gras

American Express has withdrawn sponsorship of the 2026 Sydney Gay and Lesbian Mardi Gras, leaving Australia’s most prominent queer organisation with no principal sponsor for 2026 and exposing the cash-strapped non-profit to an estimated $500,000 to $1 million shortfall to fill yearly for future festivals.

A new campaign group seeking to challenge the influence activist collective Pride in Protest hold over Sydney Gay and Lesbian Mardi Gras says it will support board candidates who align with its views at the non-profit’s annual general meeting later this year.

Sydney Gay and Lesbian Mardi Gras has signalled its desire to move away from producing all of its events in-house, announcing it is inviting external promoters, community partners and creatives to co-produce “signature” celebrations while it focuses its energy on producing “hallmark” events alone.